- Software Testing Dictionary
- Home
Risk
What is Risk?
Risk can be defined as the probability of an event, hazard, accident, threat or situation occurring and its undesirable consequences. It is a factor that could result in negative consequences and usually expressed as the product of impact and likelihood.
Risk = Probability of the event occurring x Impact if it did happen
Risk Types:
In software terminology, the risk is broadly divided into two main categories:
Project Risks:
Supplier issues
Organizational factors
Technical issues
Product Risks:
Below are some of the product risks occurring in a LIVE environment:
Defect Prone Software delivered
The Critical defects in the product that could cause harm to an individual (injury or death) or company
Poor software Features
Inconsistent Software Features
Advertisements
To Continue Learning Please Login
Login with Google